Nutex Health Reports Total Revenue Of $69.7M For Three Months Ended December 31, 2023, Higher Than $53.7M YoY; FY23 Revenue Totals $247.6M, Higher Than $219.3M YoY
Portfolio Pulse from Benzinga Newsdesk
Nutex Health reported a total revenue of $69.7M for the quarter ending December 31, 2023, an increase from $53.7M year-over-year. The FY23 total revenue reached $247.6M, up from $219.3M YoY. As of December 31, 2023, the company's total assets were $398.5M, with cash and cash equivalents of $22.3M.
March 15, 2024 | 9:09 am
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POSITIVE IMPACT
Nutex Health reported significant year-over-year revenue growth for both the quarter and fiscal year 2023, along with a solid asset base including cash and cash equivalents.
The reported increase in both quarterly and annual revenues indicates a strong financial performance and growth trajectory for Nutex Health. The solid asset base, including a healthy cash position, provides financial stability and potential for future investments or operations expansion. This positive financial report is likely to instill confidence among investors, potentially leading to a short-term positive impact on NUTX's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100